And it’s only February! But at $48,000,000, the sale of the spectacular, nearly brand new house at 110 Field Point Circle, Greenwich, CT is sure to hold the record for the rest of the year.
The following are unconfirmed rumors:
Seller was hedge-fund genius, Chris Shumway, who packed up the family and the company and moved the whole operation to Florida…Nice going, Hartford, you scared away another HUGE taxpayer!
Buyer: A Greenwich couple (who have NOT been driven out of CT….yet)
Listing broker: Chris Finlay, Halstead Real Estate
Selling broker: Rob Johnson, Halstead Real Estate
Note: Town of Greenwich tax records show that State of CT conveyance taxes of $596,000 and Town taxes of $120,000 were collected, so you can figure out the sale price (which was undisclosed) by using either the Town tax amount or the State amount.
State: .75%, up to $800,000 and 1.25% on amounts above $800,000. For this sale, the first $800,000 caused a tax of $6,000. The balance, $47,200,000 X 1.25% = $590,000. Therefore, ipso fatso! a sale price of $48,000,000.